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<br /> poyo��cnlH mny no iongcr t�ro rcquired�at tha option of l.enQar. if mortgugc insurance coveragc(in thc umount and for thc period _;�..
<br /> • Ihnt l,cn�lcr rcyuirce)provtdcd by nn fnsuror npproved by L.cndar again bccomes nvntlablc nnd is obtuined. Borrower shull pay __
<br /> • �ho�ircmiums rciJuiscd tm m�intatn mprtgn�e lnaurunca in effect,or to provide n loss reserve,unNl the requirement for mortgage `'�
<br /> inst�xn�cc;en�tn In uceanic�nco with c�ny written ngreement betweon Borrower and Lender or upplicnble luw. '''�'.`
<br /> ' 9� en9pictlun. l.endcr or ite �pcnt mny make renaonablu entdes upon nnd inepectiona of the Property. Lcnder shall �ive ,
<br /> 1larcawc�notisc at thu tb�ia of'or prior to an inspcction specifyiaB reasonable cuuse for�hc inspection. �+
<br /> � 10. Cr►t��lemo�utla»o 'fl�e prar.eeda of nny nwurd or clnim for dumr.ges, dlrecc or consequenttal, in coruiection with any '"
<br /> � cuite�emnutiu�nr uther InlcinQ of�sny pnrt of tha Propeny.or for conveynnce in lieu of condemnation,are hemby assigned aid -
<br /> . �, i�hnl�6n pntd to l.endcr.
<br /> In tfio avem nP n totul tnkfnp nf th�t 1P�o�Arty,tha pracecds shnll be upplied to the sama secured by thls Securiry Instrument, -
<br /> �-•-•�';" z whr:t�hsr ur nut then�lue. with�nny excQSS pnid to Honowvr. In the event of a psutiel taking of thcs Propeny ln which the fair
<br /> "j° m�r�cci valuo ut Il�o Pro�r��riy i�tm�edlatoly bofore thR takina!s equat to or greater than the umount of the sums secured by this -
<br /> 4CCl�rl�y Inatruntcnt{mmcdlntaly bufom tha tnkinQ.unless Borrower and I.ender otderwise agree ln wdting,the suma secured by
<br /> ihin Scc«rlty bistru�nent �hnl! ba reduced by the amount of the proceeda multiplied by tbe foli�wln� feaction: te) the total -
<br /> antnun►cif thv aums sccured imm�tdf�tQiy b9fore tho tokinQ.divided by (b) the falr market valuo of the Properry imrae�i�aely
<br /> hefi�to thu tnking. Any bninnre ahul!b�t p�td to Borrowor. In tha cvont of n psuttal taking of the Property !n whioh tha fair —
<br /> : �i�nrltet vqlu�uf tlia Propc;rty itnmedlataly bufore the tak[na is leas thart the amouat of the sums secured immEdixtely 6efore the _
<br /> tuklf�g,unlcea Borruwer w�d Lendor othonvlee agrai in wclting or unless applicable!aw oWerwise provides. the proceecls shall _
<br /> �i., ha u�pllcd tn tho auma eccurcd by thi9 Secuttty Innuumont whether or not the eums are then duc.
<br /> �:• Itiha Property is nbandened by 9orrower�or if.afrer notice by I,ender ro 9orrowor that the condemnor offers co make an
<br /> } awhrd or settlo n claim f�r dr�nmgea, Borrower foils to reapond to Lender witt�in 30 days ufter the date the natice is givon,
<br /> � I.cnder i�authodud to c�nilxt and Appty tho procceds,ut its option,either to restomtion or repair of tbe PrapErty or to the suma ��`''
<br /> eccured Vy th19 SeCnrity l�asitutt�nnt,whetPier or not then due.
<br /> Unt�ss I.snler anQ Borrower ottu33nrriso ngces in writing, Any applicution of proceeda to princtpal shall not extand or C ��
<br /> � post pone tho dno dnto of tho monthEy p�ym.rsnte referred to in paragrAphs 1 and 2 or change the araounc of such paymen�s. ;;,
<br /> It. Qorrower Not Rcleuqed; C'rarDea+rnnco By Lender Nai a Waivcr.Extenston of the time for payment or modlfication �'
<br /> ut a.rnati�.ntlon nf tho surna eecuted by this 5rctacity Instrumont granted by Leader to any successor in interest of Borrawer aball -
<br /> ieot a�perato to reicaso the Ilabitity�f tha originol Borrower or Borrower's succcssora in interest.Lender shalt not bo required tu
<br /> . cam m.nee nrocccdinge agninst any euac�ssaor in intcrest or rcil�se to extend time for paymeat or otherwise madify amortization
<br /> - uf taio sums sccurcd by thla S��curity (notrument by re�.son of cury demand znade by We original Borrower or Borrower's
<br /> Ruc�ciwre in Mtcrest.Any forbenennco by l.ender in exercising any right or remedy ahall not be a waivor of or preclude We
<br /> � � excrclto ht any ri�ht ot re�nady. �
<br /> 1�. 8uccessoi�e uttdl Asslgau� Daundi �'0��3 and 3evernl LlubiUty= Co-sDgners. '!'he covenswcs and agreemente of this ���
<br />__ � Securliy Instrument shn!! blrtd wtd bonofic the aucceasors attd assigns of Y.ender and Bonower, subject to thB provisions of
<br /> _;ie- ;�,r , pArayr�ph l7. Daaower's covenunta and ugreemonts ehnll bo joine and sevoral. Aay Borrower who co-s1gAS this Sccurity
<br />--•.�« ;_�•�•. In�t�ua�ent but doc�aot oxccutc thC Note: (o) ie co-signing this Security inauument only to mortgage. graint and convoy chat
<br /> _ -� - F3orrawer'e fntcrcat In thc Prapctty uade�the terms of this Security IAStnunent; (b)is aot personally obligatcd to pay tha sums
<br />_-�-•:-;;:. ,. scctitcd by thto SccuNty lnatn�ment;and(c)ug�ees that I.ender nnd any other Borrower muy agree to extend, modify,forbear or
<br /> ,. - =.r � mska u�y accommod�Hmns with regtscd to dtu tecros of this Securiry Insttument or the Note without thas Borrowor's consent.
<br /> -_ �- °'� IJ. 4own Cherse�. it tho lonn eccured by thia Security Instrument la subjcct to a lnw whtch scta max9mum lann chargea�
<br /> ' " and thtt taw Is finnlly Interpretcd so that the interest or other loan charges collected or to ba colleMect ln cann�ctian wtth c&e
<br /> �"'�'_ '•" loar�ezcced tho permfucsi Iimita,ehen:(+a)nny auch loan charBe sh�ll bES reducec!by the amount necessary to reduee the cuarge
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<br /> -- - .=��::a co tltopermtttcd timit;attd(b)nny sums atretsdy cofitctcd from Borrowcr which exceeded permltted lirnite wi11 bc�+eePunded to
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